Four years! Can you believe it? El Salvador is still fiddling with this Bitcoin [BTC] thing. It’s like a Borscht Belt routine, only with cryptocurrency. They’re celebrating, but quietly. Very quietly. Like they’re expecting the entire thing to unravel any minute.
In the grand theater of Wall Street, enter Rex-Osprey, the bold impresario behind the DOJE ticker. Earlier this year, they filed for what seemed like folly-a Dogecoin ETF-and lo, it appears Nate Geraci whispers in hushed tones that approval draws nigh. Nay, not just approval, but destiny itself! For the coming months shall be pivotal for all crypto ETFs, as though fate herself conspired to make memes matter.
Meanwhile, the real stars of the show are DOGE and HYPE, both up about 7%. It’s like they’re the only ones who got the memo that we’re supposed to be making money here. 🚀
Just as a river gathers strength from its many unseen tributaries, so too do stablecoins find their way into the bustling heart of Hong Kong’s commerce. Yet, though more than seventy-seven hopefuls have flung their hats into the ring, the gatekeepers remain unmoved-only a scant few may cross the threshold.
The backbone of this fortune? Ether, naturally. Arkham says Buterin holds about 240,042 ETH in known wallets, with over 99% of his crypto portfolio tied to ETH. At the time of writing, ETH was sitting pretty at $4,321, which translates to roughly $1.04 billion in Ether alone. So yes, if Ether sneezes, Vitalik’s net worth catches a cold. Or buys another yacht he’ll never use 🛥️.
The launch of Hyperliquid’s USDH has instigated a governance battle of a magnitude rarely witnessed in these digital domains. One might almost suspect a novel is being written as we speak!
But wait, there’s more! Whale activity, the kind that sends ripples through the calmest of waters, has been fueling today’s move. On September 7, Hyperliquid’s largest ENA holder, probably someone with more money than sense, opened a $36 million 5x long on ENA and a $12.85 million 10x short on ETH. These leveraged bets, like a farmer betting on rain, highlight growing adoption among high-profile traders and deepen the liquidity pool in DeFi. It’s a sight to behold, like a carnival in the middle of a desert. 🎢
On X today, Metaplanet posted an update and released an official announcement about their latest acquisition. The announcement revealed that they had paid an average of approximately 16.55 million Japanese Yen for each coin in this deal.
Thanks to listings on Binance Alpha, KuCoin, and Toobit, SLAY is now accessible to more traders than a TikTok influencer’s followers. 💸✨
Metaplanet, in a bold move that screams “I have too much cash and a death wish,” added 136 BTC to its vault, bringing its grand total to 20,136 BTC. That’s worth over $2.2 billion-enough to buy 210,000 Bitcoins by 2027, per CEO Simon Gerovich. Wait, what? Is this a corporate Bitcoin heist or a Netflix limited series? Either way, Metaplanet is now the sixth-largest Bitcoin hoarder in Japan. At roughly $111k per coin, they’re basically the Robin Hood of crypto… if Robin Hood charged 10% fees and wore a suit. 🎩
